Home > 2018 > August

Envision Group to acquire controlling stake in Nissan’s battery business

SHANGHAI – Shanghai-based Envision Group, a global leading digital energy company, announced on August 3 that it will acquire a controlling stake in Automotive Energy Supply Corp. (AESC), the electric battery operations and production facilities of Nissan Motor Co., Ltd. Nissan will retain a minority equity stake in the post-transaction

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BYD wins EV contracts with State of Georgia and City of Atlanta

Chinese electric vehicle manufacturer BYD said on August 13 that it has won the bid to supply the U.S. State of Georgia’s Statewide Contracts for Public Mass Transit & Transportation Vehicles, specifically for battery electric buses. The resulting statewide contract will be a “convenience” source for all State of Georgia governmental

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Ford-owned Autonomic partners with Alibaba Cloud to deliver enhanced mobility experiences for Chinese consumers

SHANGHAI – Ford Motor announced on August 14 that Autonomic, a wholly-owned subsidiary of Ford Smart Mobility LLC, signed a Memorandum of Understanding (MOU) with Alibaba Cloud, the cloud computing arm of Alibaba Group, to bring the Transportation Mobility Cloud (TMC) to China. Under the agreement, the two companies aim to

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DFL announces Green 2022 Plan, 20 electrified models to be introduced

WUHAN, Hubei – Dongfeng Motor Co., Ltd. (DFL), one of the largest and most diversified joint venture automaker in China, has released its new Green 2022 Plan which focuses on green products, production and materials reuse. As planned, DFL will introduce 20 electrified (EV + e-POWER) models under its four brands

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Seeking lifetime growth: an interview with Li Xiang, founder and CEO of CHJ Automotive

– by Zhang Hui Zhang Hui, former general manager of HMI & Ecosystem at Baidu’s L3 Business Unit, joined Chinese smart EV startup CHJ Automotive in May as head of organizational development. The following is the first part of a selected portion of his recent conversation with CHJ Automotive Founder and

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Still shooting for sales? Eight heavy-duty truck manufacturers reveal plans for H2 2018

– by Wu Ming As of July 30, most major heavy-duty truck OEMs have held their mid-year business conferences. Eight particularly important ones, including FAW Jiefang, Dongfeng, CNHTC, Shaanxi Auto, Foton Daimler, SAIC-IVECO-Hongyan, JAC and Hualing, have also spoken on their strategic redirections for the remainder of 2018. Below, we outline

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Detlev von Platen: China an important market for Porsche in size and in strategy

SHANGHAI – China is the biggest individual market for Porsche globally. The Porsche Macan is the bestselling model for the sports car maker in China and on a global basis. Those are enough reasons for Porsche to hold the global debut of the New Macan in Shanghai, where Porsche China is

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Five million, ¥5 billion and ¥30 billion: wild wild east

Annual output capacity of 5 million vehicles, a loss of ¥5 billion and an ambitious target to finance ¥30 billion by the end of 2019. Those were the memorable numbers this week involving three Chinese smart EV startups as they continue to defy industry logic and completely turn the industry upside

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